Chinese Monetary Policy as Foreign Policy Analytical Essay by Top Papers

This paper discusses China's economic policies, its monetary policies, and the use of its artificial control over its exchange rate as an unofficial brief of its foreign policy. The writer discusses that while China would never admit that its exchange rate was being utilized to influence its policies internationally, there can be little doubt that its former currency peg to the U.S. dollar and its current managed float currency exchange regime is a powerful negotiating ploy used internationally to improve its positions on trade, foreign relations, and bilateral agreements with various countries.